Finance

Rosen Law Firm Announces Key Deadline for Driven Brands Holdings Inc. DRVN Investors in Upcoming Class Action

Published February 10, 2024

NEW YORK (Feb. 09, 2024) - Investors who have purchased common stock in Driven Brands Holdings Inc. DRVN are being reminded of an approaching deadline to join a securities class action lawsuit. The Rosen Law Firm, a globally recognized investor rights legal practice, is urging shareholders who bought DRVN stock between October 27, 2021 and August 1, 2023, the period known as the Class Period, to reach out and secure legal counsel before the looming February 20 cutoff.

Driven Brands Holdings Inc.: Company Overview

Driven Brands Holdings Inc. DRVN, headquartered in Charlotte, North Carolina, delivers automotive services both domestically and internationally. Serving a wide range of retail and commercial clientele, DRVN has established itself as a prominent entity in the automotive service industry, managing several well-known brands across North America.

Implications for DRVN Investors

The class action aims to address potential securities laws violations. It specifically pertains to shareholders who may have experienced financial losses due to alleged misinformation or concealment of material information by the company during the designated Class Period. As details about litigation proceedings continue to emerge, affected DRVN investors are encouraged to stay informed and protect their rights by joining the class action before the prescribed deadline.

The Role of Rosen Law Firm

Rosen Law Firm has a history of undertaking significant investor litigations and has been involved in numerous prominent securities class action suits. The firm's legal team is advising any investors who are concerned about their DRVN shares to get in touch promptly to ensure the representation of their interests in the impending lawsuit. By the specified date of February 20, legal counsel should be retained to ensure eligibility for potential claims.

This announcement aims to keep investors well-informed about the class action and the importance of acting swiftly. For DRVN shareholders who suspect that their investment may have been negatively affected during the Class Period, time is of the essence to join the action and pursue possible remedies.

Investment, Legal, Deadline